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SMC

Discount/ premium pricing - SMC📉 We use the Fibonacci retracements for spotting discount and premium levels in a range. 📝 We draw the Fibonacci tool from the bottom to the top in an uptrend, and from the top to the bottom in a downtrend. Terminologies: EQL: equilibrium = a state of physical balance (50%). Discount: we buy from Premium: we sell from To make it more approachable, we can compare using the fib tool as a scanner when you go to the supermarket. You won't buy the product when it's expensive, but only buy when it's cheap. Beside that - if we want to sell a product to a supermarket, we want to get the highest price as possible. Combining it with order blocks You can basically increase the probability of order blocks with the fib tool. Order blocks that are not in discount you won't buy from, and order blocks that are not in premium you won't sell from.
OANDA:XAUUSDEducation
by vuetratrading
6
🤓 🤓 MARKET STRUCTURE SHIFT! SMCMarket structure in Forex trading or price action is how many people take advantage of the markets. No indicators, and no volume. Because the market does not have a centralised exchange. Forex traders often swing trade the market based on the structure to take advantage of the opportunity. Structural market change is broadly defined as a shift or change in the way in which a market or economy functions or operates. I have tried my best to show you in the easiest possible way to look out for. Save this to your notes for future reference.
OANDA:SPX500USDEducation
by benoc_
12
SMC Abbreviations & ExplanationsIOF: Institutional Order Flow +OB: Bullish Order Block -OB: Bearish Order Block FVG: Fair Value Gap SMT: Smart Money Tool/Technique +BB: Bullish Breaker -BB: Bearish Breaker +MB: Bullish Mitigation Block -MB: Bearish Mitigation Block SSL: Sell Side Liquidity BSL: Buy Side Liquidity EQM: Equilibrium CE: Consequent Encroachment EQH: Equal Highs EQL: Equal Lows HTF: Higher Timeframe MMM: Market Maker Model MMSM: Market Maker Sell Model MMBM: Market Maker Buy Model LOKZ: London Open Kill Zone LCKZ: London Close Kill Zone NYOK: New York Open Kill Zone SMT- Smart Money Tool LP- Liquidity Pool IOF-Institutional Order Flow BISI - Buy Side Imbalance Sell side Inefficiency SIBI- Sell Side Imbalance Buy Side Inefficiency COT- Commitment of Traders NFP-Non Farm Payroll OTE - Optimal Trade Entry BSL - Buyside Liquidity SSL - Sellside Liquidity OB - Order Block +OB - Bullish Order block -OB - Bearish Order block PB - Propulsion Block VB - Vacuum Block MB - Mitigation Block BRK - Breaker +BRK - Bullish Breaker -BRK - Bearish Breaker FVG - Fair Value Gap LP - Liquidity Pool LV - Liquidity Void RTO - Return to Order Block RTB - Return to Breaker RR - Risk to reward MS - Market Structure BMS - Break of Market Structure SMS - Shift in Market Structure IOF - Institutional Order Flow PDH - Previous Daily High PDL - Previous Daily Low DH - Daily High DL - Daily Low CE - Consequent Encroachment IPDA - Interbank Price Delivery Algorithm MTH - Mean Threshold LO - London Open NYO - New York Open NYKZ - New York Kill Zone AMD - Accumulation, Manipulation, Distribution WDYS - What Do You See? TSBM - Turtle Soup Buy Model TSSM - Turtle Soup Sell Model SH - Stop Hunt SL - Stop Loss SP - Stops Purged TP - Take Profit HTF - High Timeframe LTF - Low Timeframe 1D - Daily Timeframe 1W - Weekly timeframe 1M - Monthly timeframe
Education
by Gol-DTrader
4
📚 Inducement: What Is It ⁉️Inducement is a trap before an area of supply or demand. Price will usually lure impatient buyers/sellers into the market before the zone is met to create liquidity. Once the impatient traders get trap [ped and stopped out, the true move begins. This just goes to show the importance of sitting on your hands! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Education
by AlkalineFX
31
Conservative vs Aggressive Entries - Different ways to enter!There are different ways to enter trades - some opt for an aggressive approach while others opt for a conservative entry. Aggressive entries are taken at the first signs of reversal out of a supply/demand zone while conservative entries wait for more significant larger structure breaks in the trend. I almost always opt for the conservative take as I want structure to be with me all the way. By getting in with an aggressive entry you can achieve higher risk reward but you will also inevitably run into more losses because you are relying on the short term trend to confirm your higher timeframe intensions. It comes down to your risk tolerance: Conservative entries require patience and sometimes when they don't give an entry you'll need discipline to avoid getting burned - but they are the wiser option for risk averse traders. Aggressive trades will get you in on nearly every move you have planned but they'll also get you took out a fair amount more than conservative entries. How much pain can you take? I recommend choosing an approach and sticking to it - being a master of one approach is better than a novice at many!
Education
by jeafxtrading
3
How to win your continuations and avoid bad tradesHi, Those who follow me know that I only trade with pure price action and volume . If you are someone who also hates the subjectivity of indicators then you'd find this interesting. This is what I look for before taking continuation trades, keep in mind that what's important when you trade like that is the concept of weak high/lows and strong highs/lows. When you find those points all you have to do is trade with the trend then find the last point of supply/demand and take your entry. Hope this helps.
OANDA:XAUUSDEducation
by MFX_Trading
1